Bachelor of Business Major in Accountancy Degree

Bachelor of Business (Accountancy)

Degree Summary

Program Outcomes

Program Structure

Faculty

Accreditation

Admission Requirements

Duration

3 Years Bachelor Degree
(24 subjects)

4 Years Bachelor Degree
with Integrated Freshman Year (32 subjects)

Classes commence

September (Autumn)

January (Winter)

April (Spring)

Yearly Fees*

AED 57,551 / USD 15,681
*VAT 5% inclusive
Note: Yearly fees will vary depending
on number of subjects enrolled in

The global trend of cross-border transactions and the free flow of international capital require businesses to undertake transactions or have international operations and subsidiaries in multiple countries. These create a sustained need for qualified professional accountants who must possess knowledge of the most recent accounting technologies, international financial reporting requirements, and a comprehension of complex business transactions and operations.

Our Bachelor of Business major in Accountancy degree (previously known as Bachelor of Commerce: Accountancy) has been designed to adhere to accounting professional bodies' requirements, the highest industry standards and forward-thinking practices. We create our accounting modules to reflect the critical techniques and skills used today in accounting positions around the globe. This focus on real-world issues and current demands ensures that the curriculum is relevant and applicable to the industry and job market.

Professional Bodies Recognition

Our Bachelor of Business in Accounting degree subjects are designed based on the International Financial Reporting Standards (IFRS) to ensure our graduates are ready for the global job market. The degree is accredited by the below-mentioned professional accounting bodies:

These recognitions enable students to get the maximum exemptions (9 out of 14 ACCA papers) when pursuing professional studies. Under the ACCA accelerated program, our students can pursue and sit for the professional exam while studying for our Bachelor of Business in Accounting degree. Hence, our students would reap the benefits of top-notch accounting education but will also gain the aptitude to decipher and apply solutions to real-life case studies and financial analysis, making the students ready for a global career in the field of accounting.

The curriculum would allow students to learn about responsible business management practices in alignment with UN Sustainable Development Goals (SDG). Students would also have the opportunity to pursue internship in companies to gain valuable practical experience, enhancing their employability.

Students also have the opportunity to graduate with a double major by choosing one more specialisation from the list of specialisations offered under Bachelor of Business. Students opting for double major are required to complete an additional 48 cp of subjects from the second specialisation.

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Program Selection Guide

Entry Requirements

Students who have excelled academically at school and meet our advance entry requirements can finish their bachelor's degree in three years, instead of the existing four-year programs. Any prospective student that does not directly qualify for an advance entry three-year program, is still able to enrol in any of our bachelor’s degree, through a one-year Freshman Year.

All applicants are required to complete a personal online interview set by the Faculty of Business, as an admission criteria. If required, in-person interviews may be arranged as a second step.

Admission requirements for UOWD depends on the type of high school curriculum you have followed. The requirements based on the most common high school curricula are listed below:

School System	Bachelor Degree Advanced Entry (3 Years)	Bachelor Degree Direct Entry (4 Years)
UAE Al-Thanawiyya Al-Aama	N/A	Elite or Advanced Track 70%, General Track 75%
Arab Countries Al-Thanawiyyah Al-Aama	N/A	70%
American High School Diploma	Overall average grade of C (70% or 2.5/4.0) + SAT 1100	Overall average grade of C (70% or 2.5/4.0)
Bangladesh HSC	GPA of 4.0 / 5.0	GPA of 3.0 / 5.0
Brazil Brazil Higher Secondary Certificate	N/A	60%
British GCE Curriculum	Minimum 5 IGCSE/GCSE subjects and Minimum of “CCD” in A levels	Minimum 5 IGCSE/GCSE subjects and 2AS/ 1A level subject(s)
Chinese Senior High School	80%	60%
Colombia Título de Bachiller Académico	N/A	3 out of 5 or 6 out of 10
International Baccalaureate Diploma	25 Points	21 Points
India CBSE & ICSE, Grade 12	65%	50%
Iran Pre-University Certificate	14	11
Japan Upper Secondary School Diploma	3.8 out of 5	2.5 out of 5
Kenya	60	31
Mexico	N/A	6 out of 10
Nepal School Leaving Certificate Examination	3 out of 4	2.3 out of 4
Nigeria WAEC & NECO	N/A	Minimum of 7 subjects with no more than 1 “Pass”
Pakistan Higher Secondary School Certificate	60%	50%
CIS Countries Attestat	N/A	Average 3/5
South Korea CSAT	77.5%	70%

Notes:

All students applying for these programs are required to have an EmSAT in Mathematics with a score of 600 or equivalent.
Students with qualifications from other curriculum should contact the Student Recruitment and Admissions department at UOWD to determine their eligibility.
All students applying from non UAE MoE curriculum must provide an equivalency of their Secondary School Certificate from the Ministry of Education, UAE; stating the completion of Grade 12.
A student who does not satisfy the criteria for Equivalency of Secondary School Certificate, may be subject to conditional admission, based on receiving a Letter of No Objection to Conditional Admission issued by the Ministry.

English Language Requirements

At UOWD, all classes are taught in English and in order to enrol in a bachelor’s degree you will need to submit one of the following certificate of English language proficiency:

English Language Testing	Bachelor Degree Advance Entry (3 Years)*	Bachelor Degree Direct Entry (4 Years)**
IELTS Academic	Overall IELTS (Academic) score of 6.0 & Minimum score of 6.0 in Reading & Writing Minimum score of 5.0 inListening & Speaking	Overall IELTS (Academic) score of 5.0 & Minimum score of 5.0 in Reading & Writing
TOEFL Internet-based	79 with not less than 20 in Writing, 18 in Reading, 17 in Listening, 16 in Speaking	61
TOEFL Computer based	213 with a 4.0 TWE/Essay Writing	173
TOEFL*** International paper based	550 with a 4.0 TWE/Essay Writing	500
EmSAT Achieve – English	1400	1100

Notes:

* Students with a minimum overall score of 6.0 in academic IELTS and no more than one score (either in reading or writing) between 5.0 and 6.0 will be given the opportunity to complete a remedial subject in the first semester as a condition for progression.

** Students with a minimum overall score of 6.0 in academic IELTS (or equivalent) and a minimum score of 6.0 in reading and writing(or equivalent) are eligible for advanced standing for English Language subjects.

*** Students admitted under this criterion must complete the test at AMIDEAST.

Credit for Prior Learning

If you are seeking advanced standing status, you will need to submit an official academic transcripts showing all courses studied and the grades obtained, syllabus details (including information on course content) for the courses you have successfully completed and an explanation of the grading system.

To make an application for your chosen program, complete the online application form and submit it along with all your supporting documentation (see below) prior to the application deadline.

Late applications may be accepted subject to the availability of places but applicants are encouraged to apply as early as possible.

Supporting Documentation

Please ensure that all these documents accompany your application for admission form submittal:

An original or certified copy of your secondary school records
A Statement or Certificate of Completion of secondary school
Proof of your English language proficiency

(Note: Results from IELTS & TOEFL tests may be sent to the University directly from the IELTS or TOEFL testing centres quoting the UOWD institution code IELTS: AE109 / TOEFL: 7907)

UAE ID (if applying from within the UAE)
A copy of your passport (and Residence Visa, if resident in the UAE).

Additionally, if you are seeking advance standing in your chosen program:

Certified copies of official academic transcripts showing all courses studied and grades obtained, syllabus details (including information on course content) of the courses you successfully completed and an explanation of the grading system.

Applicants who completed high school within UAE

All applicants for admission who have completed the Thanaweya Al-Amma must get their certificates attested by the UAE Ministry of Education.

Applicants from all other curriculum, who have completed their high school from UAE, are required to obtain equivalency of their high school qualifications from the UAE Ministry of Education.

In these circumstances, you will be provisionally admitted to the University and permitted to commence the first semester of study, subject to you obtaining the required attestation/equivalency.

Applicants who completed high school outside UAE

You must have your secondary school records and Certificates of Completion certified by:

The issuing Board of Secondary Education OR a recognised authority for secondary education
The Ministry of Foreign Affairs in the host country
The UAE Embassy in that host country OR the Embassy of the host country in UAE must attest the authenticity of the documents and attestations and the UAE ministry of Foreign Affairs.

In special cases where complying with conditions (2) and (3) are not feasible, the certificates may be verified against originals by Embassies in the UAE and the UAE Ministry of Foreign Affairs.

In these circumstances, you will be provisionally admitted to the University and permitted to commence the first semester of study.

If you are unable to secure the attestations as outlined above you will be asked to sign a “Consent to Provide Documents” form agreeing to secure the equivalency. You will be permitted to commence your studies at UOWD, but will be given a maximum of one semester to obtain the attested certificate(s). UOWD reserves the right to take appropriate action against any applicant who cannot secure the appropriate documentation in this time, which may result in the termination of the student’s enrolment at UOWD.

For more information or assistance on attesting documents from outside UAE, click here.

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Program Structure

To qualify for the Bachelor of Business (Accountancy), a candidate shall accrue an aggregate of at least 144 credit points comprising of subjects from a common business subjects, specialised subjects required for major, general electives, general education subjects and a final year project.

This subject introduces students to the role and use of accounting information in a variety of organisations and society. Students evaluate both financial and non-financial reports and their impact on accountability, decision-making and corporate governance. The subject introduces students to various analytical techniques in order to make sound decisions in a variety of business and social settings.

The subject provides students with a conceptual tool kit for understanding and practicing responsible and ethical commerce in managing environment, globalization, technology, anti-corruption, labour and human rights. Working with industry, students will examine these issues from a variety of theoretical and practical perspectives and apply them to contemporary commercial contexts.

The aim of the subject is to introduce students to quantitative techniques and their application to the business world with an emphasis on the decision-making process. Students will be trained in the use of computer based software and models to analyze quantitative information for business decision-making.

This subject introduces students to essential macroeconomic and microeconomic ideas, models and reasoning, which helps them to understand various economic issues. The subject will demonstrate the importance of economics on business and society, and will stimulate greater awareness of economic approaches to the analysis of contemporary social issues.

This subject introduces fundamental concepts of corporate and personal finance, and the relationship with financial planning. Students are equipped with fundamental skills to understand the concept of time value of money, as applied to solving cash flow valuation problems within the context of corporate and personal finance. The subject also explores ethical issues in managing finance.

Organizations need to know how to position themselves against competition by identifying marketing opportunities and problems. The subject examines the fundamental concepts and theories relevant to the study and practice of marketing. The subject serves as a foundation for further studies in business by developing an overview of where marketing fits within organizations and what framework marketing provides for enhancing and enabling the conduct of a business.

Organisations rely on managers and the management function for the efficient and effective running of their operations. This subject will introduce students to the key management theories and concepts required for managing people, process, environment and organizational culture. Students will learn the implications of managerial decisions on the internal and external environments.

The subject introduces basic accounting systems (double entries), concepts and techniques to identify, classify, process, record and present accounting and financial information. This subject train students on how to prepare account and financial statements.

This subject builds on the knowledge and skills students have acquired in both Accounting for Decision Making and Accounting Principles. The subject contains several distinct but inter-related strands, and begins with an exploration of concepts necessary to understand the framework established in Australia for financial reporting. A technical strand of knowledge needed to prepare financial reports under the Australian Corporations Act and Australian International Financial Reporting Standards is explored. This subject also covers a contextual strand of knowledge, highlighting the environment in which financial reporting takes place, and introduces a theoretical strand of knowledge and skills necessary to critique, at an introductory level, current financial reporting practices and developments.

This subject deals with design, production and use of accounting data for planning and control of business operations. It introduces basic management accounting processes, tools and techniques for effective use of organisational resources to create value for customers and the organisation. The major topics in this subject include product cost analysis using traditional and modern methods, profit planning and control measures, and relevant costs for decision analysis.

Accounting information systems is concerned with the way computerized information systems impact how accounting data is captured, processed, and communicated. The course introduces you to the people, technology, procedures, and controls that are necessary to conduct internal and external e-business, with an emphasis on the internal controls over such systems. System design, computer applications and computer fraud are also covered.

The objective of this subject is to provide an introduction to the fundamental quantitative techniques and underlying concepts and theories in investment, financing and working capital management decisions facing corporations. For students to successfully complete this subject, students are required to be able to compute, interpret and apply a range of quantitative measures in order to assist in making optimal financial decisions as well as understand the fundamental concepts and theories in finance. The main topics covered in this subject include financial mathematics, valuation of financial and productive assets, risk and return, cost of capital, working capital management, capital structure and dividend policy.

Choose 1 UAE Studies Subject

The societies and places in which we live are very complex, and the interactions of individuals, as well as social institutions, have a direct impact on the life path we take. This course provides an engaging and accessible introduction to urban sociology and the study of cities, with particular focus on the experience of the UAE and Dubai. We’ll examine a number of substantive urban topics, including but not limited to the growth of cities and urban spaces in the UAE, sustainable development and practices, and the ‘built’ environment.

This course will introduce Public Health as an interdisciplinary science concerned with topics central to the population of U.A.E and on a wider scale of GCC region with regard to their physical, mental, and social well- being. The course focuses on current pertinent public health problems, assessing causation and examining intervention and management strategies at personal, social, and organizational levels.

This course offers an overview of the UAE’s rapidly emerging significance and its increased roles in global networks of international relations and diplomacy. Within that overview, the course examines the internal dynamics of the UAE, in particular, the priorities that emerge from a specific workforce dependency, a construction and tourism industry that looks ‘East’ as much as it does ‘West’. Thus the new ‘Look East’ policy complements the country’s historical partnership with the Western states. With the expansion of its global ties and relations, the UAE also becomes more sensitive to transnational issues, such as immigration, fluctuations in international markets or terrorism.

This subject aims to provide an understanding of relations and interactions between society and environment, including impact of societies on the Earth and its processes. Topics covered include the agricultural, industrial and urban revolutions; governance of environments; Indigenous land management; climate change; sustainability; and environmental impacts in the context of the Anthropocene.

Compulsory Arabic Language Subject or Challenge Test

Language is key to everything we do. From verbal communication and the way we talk, to non-verbal communication and the emojis we use in our text messages, to the visuals we use to construct compelling visual stories, language is how we communicate. Living, studying and working the UAE, having a basic understanding of Arabic language can give you a huge competitive advantage. This introductory subject provides some of the basics of Arabic language, and you’ll leave this subject able to communicate on a basic, conversational level.

General Elective Requirement

This course aims to provide students with critical thinking perspectives about the relationship between history, religion and culture, in this case, the formation of Islamic culture(s). A sociological introduction to the study of Islamic culture will introduce students to the emergence of Islam in its 7th century historical context, its relationship to the other monotheistic traditions of the region, its growth into the dominant cultural paradigm of the Near East by the 9th century, alongside its impact and contribution to key fields of medieval science and knowledge. A historical approach will help students acquire familiarity with key Islamic texts, institutions, concepts of authority, traditions of jurisprudence and spirituality, artistic expressions, as well as milestones in Islamic history. The course wraps up with a discussion of issues central to contemporary debates relating to Islamic culture, such as identity, gender, multiculturalism, pluralism, secularism and religiosity.

This course is focused on learning innovation and entrepreneurship that can be applied to any high-growth enterprise or other organization. The course is composed of three modules:

Module 1: Design Thinking
Module 2: Entrepreneurship
Module 3: Growth and Leadership

This subject builds on the knowledge and skills students have acquired in Financial Accounting II A. The subject contains distinct but inter-related strands. First, there is a technical strand incorporating the application of specific accounting standards and regulatory provisions to the preparation of financial reports. Second, there is a contextual strand, highlighting the institutional and social contexts of accounting and financial reporting.

The aim of this subject is to prepare students as future professionals in business and organizational settings, with an understanding of accounting, financial reporting and the accounting profession in a broad context. This subject offers a critical evaluation of advanced aspects of financial accounting and reporting with particular reference to developments in accounting theory, professional standards, and accounting practice.

This subject provides an advanced treatment of management accounting theory and its relationship to decision theory, including model building and use, cost prediction, pricing decisions, and the behavioural dimensions of management accounting.

This subject examines the contemporary risk and assurance approach to external financial report auditing including the audit planning processes, assessment of audit risk, collection and evaluation of audit evidence and the audit reporting process. The subject also develops an understanding of the legal environment in which the auditor works and focuses on the requirements of a financial statement audit under the Corporations Law.

Capstone Subject

Integrative Business Capstone enables students to apply the principles of ethical, socially responsible, and sustainable commerce in a simulated business environment. The subject is based on a series of lectures and an action based learning project. Students will be required to make multidisciplinary interactive decisions based on sound ethical, socially responsible and sustainable practice.

Choose Any 3 Business Subjects as Elective

Click here to view all business subjects

Program Outcomes

Typically, Bachelor of Business in Accounting graduates will be able to prepare financial statements in accordance with the International Financial Reporting Standards (IFRSs). This program will prepare the graduates to gain skills and knowledge on the application of accounting software and technology to prepare financial statements and financial forecasts. Graduates would be able to make strategic business decisions by evaluating and analyzing the financial health and forecast of the organization. They will also be able to make suitable investment decisions with the financial and non-financial information.

Completing this program will give several exciting career opportunities that include roles such as Forensic Accountant, Management Accountant, Chartered Accountant, Internal Auditor, Budget Analyst, Payroll Manager, Corporate Controller, Financial Analyst and Financial Consultant. The degree would open opportunities for employment in both public and private sector across the world.

Accreditation and Recognition

All degrees at the University of Wollongong in Dubai are accredited by the Commission for Academic Accreditation (CAA) of the UAE Ministry of Education and are licensed by the Knowledge and Human Development Authority (KHDA). In addition, the degree is quality assured by UOW, which is registered with the Tertiary Education Quality and Standards Agency (TEQSA), the national regulator of the higher education sector in Australia.

Also, all business degrees of the University of Wollongong are accredited by The Association to Advance Collegiate Schools of Business (AACSB).

Students will be issued a UOW Australia degree upon graduation.

Professional Accreditation

Association to Advance Collegiate Schools of Business (AACSB)

The Association to Advance Collegiate Schools of Business (AACSB) provides an international seal of approval for business programs that ensures the educational needs of students are met through high quality, continuous improvement and excellence in education. This globally recognised accreditation has been awarded to only the top five percent of the world’s business schools.

ACCA

The Bachelor of Business (Accountancy) has been accredited by the UK’s Association of Chartered Certified Accountants (ACCA) for exemption from 9 out of 14 ACCA papers (the maximum exemption that can be achieved at bachelor's level). On graduation from this program, you can gain professional certification from the ACCA to become a Chartered Accountant.

CIMA

The Bachelor of Business (Accountancy) has been accredited by the Chartered Institute of Management Accountants. The globally recognised CIMA qualification allows graduates to become part of a global network, improving their employability and earning potential across the world.

CPA Australia

The Bachelor of Business (Accountancy) has been accredited by CPA Australia (Certified Practising Accountants). The accreditation offers graduates of the UOWD program direct entry into the Professional level of the CPA Program enabling graduates to pursue a further professional designation that is internationally recognised.

Dr Haroon Khan

Associate Professor
(Discipline Leader - Accounting and Finance)

Dr Haroon Khan is an associate Professor and the Finance Program Director in the University of Wollongong in Dubai.

He received his PhD in 2011 from IAE, Graduate School of Management, Aix-en-Provence, & ESSEC, Paris, France, with specialisation in Strategic and Entrepreneurial Finance.

Bachelor of Business (Accountancy)

Degree Summary

Program Outcomes

Program Structure

Faculty

Accreditation

Admission Requirements

Duration

Classes commence

Yearly Fees*

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Program Selection Guide

Download Program Structure

Program Structure

Accounting for Decision Making

Principles of Responsible Business

Statistics for Business

Economic Essentials for Business

Introductory Principles of Finance

Marketing Principles

Introduction to Management

Accounting Principles

Financial Accounting II A

Management Accounting II

Accounting Information Systems

Corporate Finance

Urban Sociology

Public Health

UAE and International Relations

Society and Environment – Resources, Challenges, Futures

Arabic Language

Muslim Societies Across the Ages: Tradition, Secularism & Modernity

Fundamentals of Innovation and Entrepreneurship

Financial Accounting II B

Financial Accounting III

Management Accounting III

Auditing and Assurance Services

Integrative Business Capstone

Program Outcomes

Accreditation and Recognition

Professional Accreditation

Association to Advance Collegiate Schools of Business (AACSB)

ACCA

CIMA

CPA Australia

Dr Haroon Khan

Faculty

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